Proper stop losses coming soon

[askmike]

1. Trailing Stop Loss: I would like to add a trailing stop loss to an existing 'long' advice/status. So the long advice has been given already and on a specific condition I would like to add a trailing stop loss to that.

Woa this is the first time I heard this request, unfortunately this is not supported yet but I will put it on my list. Right now you can only specify a trailingStop when you trigger a LONG position.

2. Trailing Stop Buy?

The current Gekko model completely assumes that your base position is the "currency" (in USD/BTC this is USD, in BTC/ETH this is BTC). And Gekko strategies are in a neutral position after each "short" trigger (naming here is bad, Gekko can't actually short - this just means sell back "asset" into "currency"). This means that a trailing stop is a way to manage risk: you can set it up as a way to prevent the "asset" from crashing.

As for "not missing the boat" when the asset quickly goes up in price: can't you monitor the price yourself (in your strategy) and trigger a long signal when this happens? If this happens more quickly than your strategy is configured for (if you want to buy when the price goes up in 5 minutes, but you set the candle size to 60 minutes), why not adjust your strategy so it works on 5 minute intervals?